Stir together butter and food colorings in a large bowl. Add flour
and red pepper; cut in cheese with a pastry blender until mixture is
blended. Shape into a large ball using hands.

Press 1 tablespoon mixture around each olive. Using dull side of a
paring knife, score cheese balls with vertical lines to resemble
pumpkins. Chill 1 hour.

Bake on a parchment paper-lined baking sheet at 400° for 10 to 12
minutes or until golden. Place 1 pine nut into each cheese ball to
resemble stem. Serve immediately or at room temperature, or freeze up to
1 month.